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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

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EURUSD

Quoting Seaward22
I don't understand the logic? Why does it go up when its numbers are bad? Because its called a Euro?
If it were that simple, bad numbers down, good numbers up, then there wouldn't be money in this forex market. Forex is a very stranage beast, and it doesn't follow particular patterns. It's a combination of social, political, psychological, emotional, economical, technical, (and many others) factors. Not a single indicator works well or else this forum wouldn't exist.

I have found many times that market has already priced in something bad, so after it gets the news, it will go up. Sell the rumor, buy the news. A lot of people get burned that way.
Expected the unexpected
Quoting kirana
too many triangle possible perform..we could be cannot see clear trend today.
im aggree scalping the most suitable trade today, inside the triangle as my chart shown above.
yes.you may be correct in a way..but bare in mind when it comes to scalp trading.. it's totally different from the other trading methods.it comes with greater risk and less reward. and

1.what is your risk capital ?
2.what is your lot size ?
3.how much can you risk per trade ?

if you want scalp , my suggestion is a to have minimum of a 100,000,000.00 account.
Fools Rushing
Quoting scyang
If it were that simple, bad numbers down, good numbers up, then there wouldn't be money in this forex market. Forex is a very stranage beast, and it doesn't follow particular patterns. It's a combination of social, political, psychological, emotional, economical, technical, (and many others) factors. Not a single indicator works well or else this forum wouldn't exist.

I have found many times that market has already priced in something bad, so after it gets the news, it will go up. Sell the rumor, buy the news. A lot of people get burned that way.
Really good words!
Quoting Seaward22
I don't understand the logic? Why does it go up when its numbers are bad? Because its called a Euro?
the logic could be, that the chart is reflection of all that news already happen.
one other new news could be not significant enough to challange all previous fundamental.
just my 2 cent
Quoting kirana
the logic could be, that the chart is reflection of all that news already happen.
one other new news could be not significant enough to challange all previous fundamental.
just my 2 cent
this is exactly how I see the charts.. a reflection of what's going to happen next.. in regards to the news i mean,,
Quoting kirana
the logic could be, that the chart is reflection of all that news already happen.
one other new news could be not significant enough to challange all previous fundamental.
just my 2 cent

How would the chart reflect future numbers? German number was so bad tonight. Last time I checked Germans own the Euro.
Quoting Clouds
what about weekly
Attachment 133906
Seems price is looking for this weekly LTL. But its mooving in an uptrend channel on 1hr/30min tf. So i wont consider taking ANY shorts untill this ascending 1hr/30min channel is broken, untill then simple inchannel trading can be applied if it goes all the way up to the UTL of the descending 4hr channel for a nice sell or break. Im not taking any positions yet. TWT
1.58 today.
I think I said this at the end of last week, that USD was setting up for a bearish run. UJ went from 103.5 or so, to 108, and USD gained on other pairs as well. Well, lately, there have been bullish USD runs and bearish USD runs, and they haven't lasted more than 2 weeks 'lately'. So yes, I think at least this week will be bearish USD.
actually my trade ratio is 1:8 but( i was made mistake the sl 32 pips it is for gbp usd ) the sl sould be 25 pips for eurusd, i am doing this way of trade depend on the back study of this strategy
i made backward study and i get 91 winners trades against 17 loses and the last 4 weeks was 12 winners and -3 losses
last week was 5-1
....
Quoting Seaward22
How would the chart reflect future numbers? German number was so bad tonight. Last time I checked Germans own the Euro.
Germans don't own the Euro, the EU does.
Quoting MTF Test
yes.you may be correct in a way..but bare in mind when it comes to scalp trading.. it's totally different from the other trading methods.it comes with greater risk and less reward. and

1.what is your risk capital ?
2.what is your lot size ?
3.how much can you risk per trade ?

if you want scalp , my suggestion is a to have minimum of a 100,000,000.00 account.
i dont have that much account,
but i did scalp. and i always trade with a good RR, just change my tf as a boundary.
scalp for me is sell on resistant and buy on support, not to run the profit.

thnks for your advice anyway
Quoting Clouds
Germans don't own the Euro, the EU does.
If you say so. Germany is the only reason EUR has legs
Quoting Seaward22
If you say so. Germany is the only reason EUR has legs
Actually the Euro is a popular currency in Europe. If you lived in London, and wanted to go to Italy, you'd be exchanging Pounds for Euros. The reason the Euro has 'legs' is because there is a demand for it in Europe. If Germany was the only country that used Euros, then the Euro would not be as popular. The US economy is still better than the German economy, (but the US id not better then the entire European economy, but is up for debate), it's just we don't have the demand for the USD. Canadians don't care to visit here, and those from Mexico have a tougher time getting to US.
Quoting Seaward22
How would the chart reflect future numbers? German number was so bad tonight. Last time I checked Germans own the Euro.
LOL. it's like to say New York owns the dollar
Quoting Seaward22
How would the chart reflect future numbers? German number was so bad tonight. Last time I checked Germans own the Euro.
fundamental is more complex than the technical,..
just take a look at index currency, to see the currency strength.
and compare each other into one pair that we trade.
hope it help.
Quoting costos
LOL. it's like to say New York owns the dollar
Who owns the dollar? China? I'm obviously not saying that one country owns one currency. If Germany dropped Euro, Euro would die.
Bulls, bulls, bulls... well, I said mine. Just remember what ussualy happens when everyone thinks it'll go one way...
On the path to Enrichment.
EUR to 190.00!
Quoting Seaward22
Who owns the dollar? China? I'm obviously not saying that one country owns one currency. If Germany dropped Euro, Euro would die.
Not sure about that. Australian has 4 million people or so? and has been gaining on the dollar for 7 years. There are many countries that use the euro, and if Germany dropped the euro, nobody would give a '&%*&" look what happened to their old currency, it lost like 10,000% of it's value. Just look at the Swiss Franc, it's been just as successful as the Euro.
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